Learn how the Arizona State Health Insurance Department can Help Consumers
The Arizona Department of Insurance is the branch of the Arizona State Government charged with overseeing insurance regulations and their implementation within the State of Arizona. It is the duty of the Department of Insurance to balance the rights of consumers with ensuring a robust economic growth environment within the state. In addition to health insurance, the Department of Insurance also oversees insurance issues for auto insurance, life insurance, homeowner's insurance, etc. In terms of health insurance, the Department of Insurance serves three primary constituent groups: consumers, insurance providers, and independent brokers.
For consumers, the Department of Insurance publishes several helpful consumer guides, including guides for understanding individual health insurance, group health insurance, health care appeals, and state Medicare providers and carriers. The Department of Insurance is also the home of the State's renowned Medicare program, known in Arizona as AHCCCS (Arizona Health Care Cost Containment System). Through AHCCCS, subsidized health insurance is available to low income families, children without health insurance, seniors, and the self-employed.
For insurance providers, the Department of Insurance is responsible for licensing and regulatory oversight of insurance providers operating within Arizona. The Department implements licensing requirements and approves licenses for issuance, reviews periodic financial statements of providers, and oversees taxation for providers. There is also a Fraud Unit whose job it is to investigate potential insurance frauds that could affect premiums for consumers and profits for insurers within Arizona.
For insurance brokers, the Department of Insurance establishes professional qualifications and licensing requirements, administers license testing and issuance, establishes continuing education requirements, collects licensing-related fees and produces summary reports on brokers in Arizona.
Arizona State Health Insurance Department